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Apr 10, 2013
04/13
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our deficits are already falling. over the past two years, i have signed legislation that will reduce our deficit by 2.5 trillion, more than 2/3 of it through spending cuts and the rest through asking the weal wealthest americans to pay their fair share. that doesn't mean we don't have more work to do, but here's how we finish the job. my budget will reduce our deficits by nearly another $2 trillion so that all told, we will have surpassed the goal of $4 trillion in deficit reduction that independent economists believe we need to stabilize our finances. but it does so in a balanced and responsible way, a way that most americans prefer. both parties for example agree that the rising cost of caring for an aging generation is the single biggest driver of our long-term deficits. and the truth is, for those like me who deeply believe in our social insurance programs think it's one of the core things that our government needs to do if we want to keep medicare working as well as it has, and we want to preserve the ironclad g
our deficits are already falling. over the past two years, i have signed legislation that will reduce our deficit by 2.5 trillion, more than 2/3 of it through spending cuts and the rest through asking the weal wealthest americans to pay their fair share. that doesn't mean we don't have more work to do, but here's how we finish the job. my budget will reduce our deficits by nearly another $2 trillion so that all told, we will have surpassed the goal of $4 trillion in deficit reduction that...
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Mar 16, 2013
03/13
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what about president obama's promise it won't add a single dime to the debt or deficit? >> they are out of the window, various parts of the plan, this is class act and 1099 thing became overly burdensome. critics of the bill said that at the time. they are not being paid for and cost continues to go up. i would also say kaiser did a study that premiums went up faster after the bill was passed more than years past. they found the medical costs would cost $500 billion more if there not had been a bill. only thing we're paying for we're not paying for and it's going up faster. >> eric: we are approaching a trillion dollar price tag and it hasn't gone into effect fully. >> the goal was never to bring healthcare costs down but to socialize healthcare. a national healthcare plan. it was to end freedom of choice in healthcare. that is exactly what we're seeing. there is no mystery about what brings prices down, free people, free markets. this is opposite. this is the president essentially going to your house with a gun and forcing to you participate in this plan. >> i think the
what about president obama's promise it won't add a single dime to the debt or deficit? >> they are out of the window, various parts of the plan, this is class act and 1099 thing became overly burdensome. critics of the bill said that at the time. they are not being paid for and cost continues to go up. i would also say kaiser did a study that premiums went up faster after the bill was passed more than years past. they found the medical costs would cost $500 billion more if there not had...
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Dec 3, 2013
12/13
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we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges and -- where has that money gone. >> look around you and see in every community. we have had a dramatic reduction in the amount of money that has been available over the course of the last ten years. as i say, you haven't raised the gas tax in 20 years. >> but we have more gas revenue coming in because more people are driving and just demand -- >> that's not the case. >> is there a way to assure this in a lock box so it's intend for just that purpose? we do have a lot of other means by which we raise money to help our infrastructure, and our infrastructure still sucks. >> first of all, if you
we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges...
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Apr 4, 2013
04/13
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the deficits and the debt are a serious problem. but they're not a problem in the next two or three years. joblessness is the huge problem. and there's no gofrgs that. obama tries to talk about it. but because the republicans control the house, there is no stimulus or affirmative measures likely to get through. maybe there's a chance when the president puts his budget down to try to reframe this more in the near term toward jobs. but for now they're losing that battle. >> matt, just so we're clear, ari was a lawyer with a serious practice. some would say that his career is in free fall going from that to this. that's for another segment. the president is giving back 5% of his salary. which in the grand scheme of his bank account is not that much. is this a purely symbolic move that doesn't really mean anything? is this him embodying what he believes in? do you think the gop will do the same thing? or will they find a way to mock it? >> i think it is both. like the old saturday night live where it is a dessert topping and a floor wax
the deficits and the debt are a serious problem. but they're not a problem in the next two or three years. joblessness is the huge problem. and there's no gofrgs that. obama tries to talk about it. but because the republicans control the house, there is no stimulus or affirmative measures likely to get through. maybe there's a chance when the president puts his budget down to try to reframe this more in the near term toward jobs. but for now they're losing that battle. >> matt, just so...
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Apr 10, 2013
04/13
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it is for deficit reduction and job creation. republican senator rubio calls it a blueprint for a recession. ed henry has more on the president's hopes to bridge the gap with a grand bargain. >> president obama declared in the rose garden that he can have it all. more tax increases and spending increases on his priorities. >> reduce our deficits at all cost making the investments necessary to grow our economy. this budget answers that argument because we can do both. >> yet the top republican on the senate budget committee jeff sessions quickly noted deficits shrink in the short term but the president's budget wouldad trillion in long-term debt. and so the president planned to include a cut to social security benefits to woo republicans did little to win speaker boehner's heart. >> he deserves credit are for incremental entitlement reformings. i would hope that he would not hold hostage modest reforms for his demand for a bigger tax hikes. >> the white house aides note that the social security is designed to move over rank and fi
it is for deficit reduction and job creation. republican senator rubio calls it a blueprint for a recession. ed henry has more on the president's hopes to bridge the gap with a grand bargain. >> president obama declared in the rose garden that he can have it all. more tax increases and spending increases on his priorities. >> reduce our deficits at all cost making the investments necessary to grow our economy. this budget answers that argument because we can do both. >> yet...
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Mar 21, 2013
03/13
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the plan reduced the deficit through the balance approach that clued additional targets cuts and also revenue from closing a lot of the special interest tax breaks for very wealthy people, tax breaks which mitt romney and paul ryan talked been on the campaign trail. >> neil: they were without raising the overall rate. now we have the rates raised. so republicans talk of a need for a trigger. they might go along with this tax break stuff and all their closing the loopholes, that they did agree it's sort of wasting time and money and the tax code, but you guys have then got to, as part of the trigger, agree simultaneously to these cuts you talked about. what do you make of that? >> well, first of all, the difference is republicans have never said they're willing to close some of those tax loopholes for the purpose of reducing the deficit. which is what the bipartisan -- >> neil: i got a couple on you. i suspect no angel in the ranks of either party. but they did say that they would be open to closing these loopholes but without this being the only negotiating point on the part of democr
the plan reduced the deficit through the balance approach that clued additional targets cuts and also revenue from closing a lot of the special interest tax breaks for very wealthy people, tax breaks which mitt romney and paul ryan talked been on the campaign trail. >> neil: they were without raising the overall rate. now we have the rates raised. so republicans talk of a need for a trigger. they might go along with this tax break stuff and all their closing the loopholes, that they did...
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Feb 20, 2013
02/13
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last year the deficit was $1 $1.2 trillion. this is a fraction of a fraction of the deficit. >> bret: flip side, the republicans are not moving. they want entitlement reform. so they are using this as leverage point on that. >> they are making a different argument. making numbers based argument. there are problems with the republican party. the president is making an entirely political argument. his goal in my view is be the first second term president in our lifetime to have control of congress in the second half of second term. he is doing that by beating them in standoff after standoff. unreported fact how disspiritted the republican base is watching the leaders on the hill getting smacked around rate. they not uniting behind boehner and cantor in this. >> bret: we are spending 10, 15 minutes explaining it to the viewers but how many o shows no do this? i argue none. >> i disagree. the public needs to know what is going on because this is historic betrayal of the taxpayer when the taxpayer counts on members of both parties t
last year the deficit was $1 $1.2 trillion. this is a fraction of a fraction of the deficit. >> bret: flip side, the republicans are not moving. they want entitlement reform. so they are using this as leverage point on that. >> they are making a different argument. making numbers based argument. there are problems with the republican party. the president is making an entirely political argument. his goal in my view is be the first second term president in our lifetime to have...
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Mar 23, 2013
03/13
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and would do little to cut spending or the deficit. four democrats mark pryor of arkansas, kay haigen of north carolina, mark baggich of alaska and max bachus of montana all up for reelection in november joined senate republicans who voted against it. even though the margin was close senate leaders were praising colleagues for a job well done. >> i know everyone is exhausted. and you may not feel it at the moment but this is one of the senate's finest days in recent years and i commend everyone who has participated in this extraordinary debate. >> first of all, over the last two decades the average budget resolution considered 78 amendments. we have done 101. average vote 37 amendments we have done twice as many. doing this has been herculean feat. >> harris: next the senate must reconcile the budget with a plan passed by republicans. now, context showing how differently the plans would deal with the economy. the senate plan calls for $46.5 trillion in spending, nearly $5 trillion more than the house plan and more revenue an additional
and would do little to cut spending or the deficit. four democrats mark pryor of arkansas, kay haigen of north carolina, mark baggich of alaska and max bachus of montana all up for reelection in november joined senate republicans who voted against it. even though the margin was close senate leaders were praising colleagues for a job well done. >> i know everyone is exhausted. and you may not feel it at the moment but this is one of the senate's finest days in recent years and i commend...
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Feb 26, 2013
02/13
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he is not interested in debt or cutting or deficit. he wants to spend because he wants expanded state. that is what this is about. >> bret: a.b., breaking politics. harry reid filed cloture vote on democratic plan to replace sequester. this is the plan that came out of committee. it has not been voted on, on the floor. this means they need 60 votes to move past that hurdle to get a simple majority. to vote on the democratic plan. he is allowing the republicans to move forward with their plan, which is the inhof-toomey, one of the options they will move forward. they have to get 60 vote threshold. that will all come together tomorrow. >> well, i am told by both side they don't think the bill will pass. >> bret: 60 votes. >> so it is not going to be -- it helps, because both sides need to place blame in advance of the equester -- sequester coming online. both sides are complicit. but president obama if there is any economic slide president obama will be accountable for. that he can blame republicans all he wants but if we start to feel s
he is not interested in debt or cutting or deficit. he wants to spend because he wants expanded state. that is what this is about. >> bret: a.b., breaking politics. harry reid filed cloture vote on democratic plan to replace sequester. this is the plan that came out of committee. it has not been voted on, on the floor. this means they need 60 votes to move past that hurdle to get a simple majority. to vote on the democratic plan. he is allowing the republicans to move forward with their...
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Mar 20, 2013
03/13
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secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the conversation in a serious way in normal times is tremendous. that's the central political innovation of his career. >> the favorite thing in the accounting discussion is compare the government to a family, saying you couldn't -- well, families do run debt, they cannot afford to buy their houses for cash, so they have a thing called a mortgage, which is the national debt of the family in effect. they try to oversimplify everything in this, but is there some break through in this point of republicans saying you know what, the debt isn't such a serious problem? >> there
secondarily, if you say deficit reduction, the partisan are leeched out. we are talking about whether it will work to balance the budget. if along the way 35 million become uninsured, that's sad but we don't talk about it because cbo didn't mention it in the score. that's the great trick of paul ryan to recognize if you only talk about budget deficit, where does your budget put the deficit 20, 30 years from now, the amount of things you sneak in under that cloak that you can never put into the...
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Mar 18, 2013
03/13
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then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to the economy. number two, invest in a jobs plan that will help put people back to work. whether building roads or bridges or infrastructure or other things important to our economy. >> why will it take until 2040 to balance the budget under your plan? >> well, if you actually look at the past 40 years, we've only had four balanced budgets. those were during the clinton years and once leaning over to the bush years and then they squandered that balance. so the reason we do that is our focus is on jobs, craig. our focus is on meeting our commitments to seniors. we will not balance the budget on the backs of our kids' education or on the backs of our commitments to seniors. whether it is under medicare or medicaid. what we do is immedia
then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to the economy. number two, invest in a jobs plan that will help put people back to work. whether building roads or bridges or infrastructure...
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Feb 7, 2013
02/13
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she's part of the progressive caucus which produced his own plan this week to trim the deficit without cuts to our safety net. congresswoman, let me go to you first. the president made it clear he'll fight for what he believes is right. will republicans fold yet again? >> well, i certainly hope they will. apparently, john boehner said we're done with taxes. the president was very clear that when meeting the economic and fiscal challenges ahead, that he wants to keep in perspective whether the cop or the receptionist was able to make it. and he did contrast it with what the republicans want. and they want to cut medicare and social security. and so he said fine, let's argue this out in the public. and he clearly felt confident that he and we would win if that bat 8 takes place. >> now, the reason i'm asking, congresswoman, is "politico" is reporting that the economy is crumbling. let me quote. >> if that is true and the democratic caucus stands together and the president stands firm, they will have backed down yet again. >> exactly. you know, reverend al, that this sequester was never i
she's part of the progressive caucus which produced his own plan this week to trim the deficit without cuts to our safety net. congresswoman, let me go to you first. the president made it clear he'll fight for what he believes is right. will republicans fold yet again? >> well, i certainly hope they will. apparently, john boehner said we're done with taxes. the president was very clear that when meeting the economic and fiscal challenges ahead, that he wants to keep in perspective whether...
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Mar 26, 2013
03/13
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the deficit has always been a canard. when you're in office, you don't take that much notice of the deficit. it's not number one priority. when you're out of office, it's a way to hit the people who are in office. >> i think that's a good point, lee, it isn't lost on me and i don't think it's lost on many people that when people like paul ryan talk about cutting the deficit. they always want to do so by going after programs they're ideologically opposed to. programs for feeding seniors, feeding children, cutting the department of education. they don't want to cut the deficit, they want to do it to get rid of programs they don't like. >> it's killing two birds with one stone. jared makes a great point. the way things are supposed to work is when we come out of these recessions we're supposed to grow and everything is supposed to get better. that's not happening yet. not happening yet and we have at the same time the incredible income inch quality issue. whatever you think about the tax cuts, when you have a middle class th
the deficit has always been a canard. when you're in office, you don't take that much notice of the deficit. it's not number one priority. when you're out of office, it's a way to hit the people who are in office. >> i think that's a good point, lee, it isn't lost on me and i don't think it's lost on many people that when people like paul ryan talk about cutting the deficit. they always want to do so by going after programs they're ideologically opposed to. programs for feeding seniors,...
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Feb 19, 2013
02/13
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if you move that. >> the best way to redid yous the deficit and the fairest way to reduce the deficit is to put people back to work, and so this idea that we're going to do anything in the short-term that would throw more people out of work, shows that the tough choices that simple son and bowles are thinking of, shlt the tough choice that the american people are making every week trying to make ends meet. >> i hear what you are saying. simpson bowles approach understands and accepts what we're talking about. there is going to be in pain. if there was an easy way to to it, these jokers in washington would have figured this out. there's going to be some pain. i think what the business community, in fairness to them, create jobs. they invest in the economy. they pay taxes. we talk about them as if they're this group of people who come down from another planet every once in a while and spend time. i like the business community for a singular reason. they employ people. they're small business people. they're big business people. there are those that do things we don't like, and there many
if you move that. >> the best way to redid yous the deficit and the fairest way to reduce the deficit is to put people back to work, and so this idea that we're going to do anything in the short-term that would throw more people out of work, shows that the tough choices that simple son and bowles are thinking of, shlt the tough choice that the american people are making every week trying to make ends meet. >> i hear what you are saying. simpson bowles approach understands and...
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Oct 24, 2013
10/13
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it would reduce our deficits by nearly a trillion dollars. this isn't just the right thing to do, it's the smart thing to do. securing our borders, modernizing our legal immigration system, providing a pathway to earn legalized citizenship, growing our economy, strengthening our middle class, reducing our deficits, that's what common sense immigration reform will do. now, obviously, just because something is smart and fair and good for the economy and fiscally responsible and supported by business and labor and the evangelical community and many departments and many republicans, that does not mean that it will actually get done. this is washington, after all, so everything tends to be viewed through a political prism and everybody's been looking at the politics of this. i know there are some folks in this town primed to think if obama's for it, then i'm against it, but i'd remind everybody that my republican predecessor was also for it when he proposed reforms like this almost a decade ago, and i joined with 23 senate republicans back then to
it would reduce our deficits by nearly a trillion dollars. this isn't just the right thing to do, it's the smart thing to do. securing our borders, modernizing our legal immigration system, providing a pathway to earn legalized citizenship, growing our economy, strengthening our middle class, reducing our deficits, that's what common sense immigration reform will do. now, obviously, just because something is smart and fair and good for the economy and fiscally responsible and supported by...
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Mar 3, 2013
03/13
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the polling shows that 57 percent of the american voters think that the only way to control federal deficit and spending is the automatic cuts because congress can't seem to shave spending, are they right. . will why have never seen it go down in rile tirms . right we have a debt that is 73 percent of the national growth their national inclination is to sphend. maybe the public is right. >> you are making the american sound brilliant. they are clearly smarter than the people on capitol with this one. they are getting the fact that we need to cut, but however, we will feel the cuts. were lawmakers right at all in terms of what this may feel like? >> there was a lot of posturing and exaggeration. you don't have to lay off 7800 tsa agents. what the president and congress has to do. decide to live with the cuts and not hurt the american people but adjust to them. republicans said it was a way to do it without being so painful. and then the president softened its tone. and so why pull back on why pull back on that. >> the realit i arrive so far there is no cliff . the president is going to try t
the polling shows that 57 percent of the american voters think that the only way to control federal deficit and spending is the automatic cuts because congress can't seem to shave spending, are they right. . will why have never seen it go down in rile tirms . right we have a debt that is 73 percent of the national growth their national inclination is to sphend. maybe the public is right. >> you are making the american sound brilliant. they are clearly smarter than the people on capitol...
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Oct 17, 2013
10/13
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our goal is to do good for the american people, get debt under control, do smart deficit reduction and do things to grow the economy and get people back to work. >> reporter: there's great skepticism after attempts to address the nation's fiscal problems such as simpson-bowles. >> the scope is much broader and larger. we have a challenge that's been handed to us to have a reconciliation between the senate budget and house budget and those issues are on table and we'll be talking about all of them. >> reporter: with the government funded for three months and the debt ceiling extended into february much of the next 100 days will fob cussed on these money issues. >> i'm not pinning a rose on this bill but i'm giving it a vote because we have to open government and we didn't have to close government because we made this offer, a number we knew was inadequate but at least takes us to the table. >> reporter: republican senator david vitter who tried to for the obama administration and congress to live under obama care said he's not giving up. >> i'm not going away and this issue is certainly
our goal is to do good for the american people, get debt under control, do smart deficit reduction and do things to grow the economy and get people back to work. >> reporter: there's great skepticism after attempts to address the nation's fiscal problems such as simpson-bowles. >> the scope is much broader and larger. we have a challenge that's been handed to us to have a reconciliation between the senate budget and house budget and those issues are on table and we'll be talking...
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Feb 25, 2013
02/13
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under our concept of tax reform nobody's rates would go up, but we'd be able to reduce the deficit making some stuff, smart, spending cuts and getting rid of wasteful tax loopholes that benefit the well off and the well-connected. >> the president says we have to have another tax increase to avoid the sequester. well, you got your tax increase. time to cut spending here in washington. >> bret: it didn't sound like there would be progress with four days to go before the sequester kicks in. you don't know. in washington anything can happen. the white house is putting out all the things that could happen. department of the homeland security and the secretary janet napolitano talking about a national security issue at the white house. >> we can't maintain is same level of security with or without sequester. what we are going to the an doing everything we with the limit that sequester gives up. but if you have 5,000 fewer border patrol agents you have 5,000 fewer border patrol agents. that has a real impact. i'm not here to scare people but i am here to inform. let them plan. they will see imp
under our concept of tax reform nobody's rates would go up, but we'd be able to reduce the deficit making some stuff, smart, spending cuts and getting rid of wasteful tax loopholes that benefit the well off and the well-connected. >> the president says we have to have another tax increase to avoid the sequester. well, you got your tax increase. time to cut spending here in washington. >> bret: it didn't sound like there would be progress with four days to go before the sequester...
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Apr 14, 2013
04/13
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i did not see any kind of cognitive deficits that we usually see in somebody with schizophrenia. although he said he heard voices, that's really not a typical hallucination, somebody reniwi t they are not going to remember evhing t voices say to them. th are going to answer very vaguely, le i don't know. his hallucinations were so well defined and in such great detail it just didt f into the typical schizophrenic type of presentation. >> go back to the end of the wall. >> everything he did was a ploy. there's no more talking. 's currently pacing back and forth in the cell and doesn't want to talk to anybody. >> i'm cool. i'm back. as long as i got a light on, i don't care. i can mess with them. >> will he act out again? i think he'll act out. he doesn't want to be up here. that's what he's thinking about. >>> coming up -- >> nick's drug addiction leads him to a new beginning. funds. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds, and not one of them has our name on it. we're in the b
i did not see any kind of cognitive deficits that we usually see in somebody with schizophrenia. although he said he heard voices, that's really not a typical hallucination, somebody reniwi t they are not going to remember evhing t voices say to them. th are going to answer very vaguely, le i don't know. his hallucinations were so well defined and in such great detail it just didt f into the typical schizophrenic type of presentation. >> go back to the end of the wall. >> everything...
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Mar 1, 2013
03/13
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how are we having the conversation about the deficit reduction without talk about entitlements? he said in the press conference today i'm now willing to take on my party on entitlements, which is complete lip service. what has he been doing for the last four years? and it seems like a setup where he will if to a couple of democrats and say hey, i think we should cut entitlements. they will say no and he will say okay. where is the serious plan a barnstorming and going up to the people to raise awareness and support and grassroots support for cutting entitlement? nowhere. >> bret: steve? >> the only reason to go to the original question what could the president have done, the only reason we're having the discussions is the president has been awol on debt and deficit. it's clearly not a priority for this president to reduce the deficit, to reduce the size of the national debt. he made it clear in a way he governed and he made it clear in budget proposals he has offered; particularly, after the 2010 midterm elections focused on the spending and size and scope of government. it's no
how are we having the conversation about the deficit reduction without talk about entitlements? he said in the press conference today i'm now willing to take on my party on entitlements, which is complete lip service. what has he been doing for the last four years? and it seems like a setup where he will if to a couple of democrats and say hey, i think we should cut entitlements. they will say no and he will say okay. where is the serious plan a barnstorming and going up to the people to raise...
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Feb 13, 2013
02/13
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level to lower deficit. is one that you want to bring the deficit down to encourage more private investment. but you also want to make room for things that make our country great. eisenhower investing in the interstate highway program. democrats and republicans increases in mia for bio research. i think it absolutely supports that you can cut lower priority spending to reduce the deficit and that you can use a portion of that to do things that are compelling like pre-k, universal education for 4 year olds. because we're a country that believes everybody should have a fair start. and the minimum wage has no government cost at all. that's just a commitment that we as a people believe if you work full time, you work hard, you should be able to raise your family in dignity. not in poverty. >> fair point about the minimum wage. that comes out of the private sector, obviously, and some that argue will cost jobs but we can debate that another time. what about the sequester? what is happening right now that will giv
level to lower deficit. is one that you want to bring the deficit down to encourage more private investment. but you also want to make room for things that make our country great. eisenhower investing in the interstate highway program. democrats and republicans increases in mia for bio research. i think it absolutely supports that you can cut lower priority spending to reduce the deficit and that you can use a portion of that to do things that are compelling like pre-k, universal education for...
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Mar 29, 2013
03/13
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the white house says these initiatives won't add to the deficit. the question is what are the actual figures? the white house saying they will release those figures when they release the president's budget. that is due out on april 10th. of course, it is coming quite late. the president taking some heat for that. no pun intended. the president calling on this new initiative. next week he will shift back to guns. he will hit the road to press for stiffer gun control laws. the president left miami a short while ago after speaking to a big crowd here. >> all right. thank you very much. >> now let's turn to friend of the show, dan gross, columnist and business editor. his daily title is entitled, did my taxes go up? i hadn't noticed. really, really? how are you? nice to see you. >> i'm good. thank you for having me. >> so infrastructure is an easy way for government to create jobs. republicans are saying no new spending. what do you think about what the president is doing in miami? >> i think he went to the right place to do it. ports are where so much
the white house says these initiatives won't add to the deficit. the question is what are the actual figures? the white house saying they will release those figures when they release the president's budget. that is due out on april 10th. of course, it is coming quite late. the president taking some heat for that. no pun intended. the president calling on this new initiative. next week he will shift back to guns. he will hit the road to press for stiffer gun control laws. the president left...
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on the deficit, we all recognize something in the long run needs to be done. the question is what and how can you do it without sacrificing social well fare problems? there are elements in the tea party program that are not going to go away and there are elements that might be associated with older generation of voters that will fade with time. the key elements is if the tea party pushes the republican party into a place where it can't win the presidency, that might be a great thing for democrats perspective but the republican party won't be able to tolerate that. it will have to change. >> one thing talked about is local and states rights which fits back into the point about health care. how do you draw a line, whether it's a political line or in the court, between respecting some of what the states get to do and are good at and really an american constitutional principle, and what it seems like you accuse justice roberts of doing here, which is yes, upholding the aca, but then not allowing in a way inviting the states to duck the federal policy here, which i
on the deficit, we all recognize something in the long run needs to be done. the question is what and how can you do it without sacrificing social well fare problems? there are elements in the tea party program that are not going to go away and there are elements that might be associated with older generation of voters that will fade with time. the key elements is if the tea party pushes the republican party into a place where it can't win the presidency, that might be a great thing for...
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deficit reduction alone is not an economic plan. >> bob, how does he keep the momentum from that speech last night and turn it into action? >> he's got to go out there and speak over and over and over again. he's got to explain the chief to the american people. he knows that the austerity that the republicans want to adop here would send this into another session. he also knows that the republicans are going to oppose him every step of the way on things like minimum wage. he's got to go out there. this is not just about prodding the congress and trying to move stuff now. this is about changing the political landscape of america. permanently. and i think he can do that. i think it can be a transformational president as ronald reagan was. >> thanks for your time this evening. ahead, 41 standing ovations for president obama. but the gop refused to get up. senator barbara boxer joins me on the fights brewing in congress. they talk about change. they talk about rebranding. why does the gop savior sound gist like that other guy. ampbt r and the great music and media mo gull activist russel si
deficit reduction alone is not an economic plan. >> bob, how does he keep the momentum from that speech last night and turn it into action? >> he's got to go out there and speak over and over and over again. he's got to explain the chief to the american people. he knows that the austerity that the republicans want to adop here would send this into another session. he also knows that the republicans are going to oppose him every step of the way on things like minimum wage. he's got...
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we have massive deficits, a crushing debt. a slow economy, high poverty rates. >>> next hour we're also expecting senators joe manchin and paul toomey to announce they have a deal on background checks. they worked all night long to put the wheels in motion. votes could come on thursday. >>> the bottom line is we have the mothers and fathers of the victims from connecticut here on capitol hill and when they look a senator in the eye and say i need action, my child's life means something and you must do something. that is so powerful and so meaningful, i think it's going to shift the debate. >> i want to bring in t-- les fr sure than the president wanted, no universal background checks. >> it's a lot less than what the president wanted. if you go back to the new town shooting, limits on high capacity magazines, you heard manchin sketch out that this background checks deal, would not include universal background checks, it would close the loophole of gun shows. >> joe biden was outraged over the threat of a filibuster, let me pla
we have massive deficits, a crushing debt. a slow economy, high poverty rates. >>> next hour we're also expecting senators joe manchin and paul toomey to announce they have a deal on background checks. they worked all night long to put the wheels in motion. votes could come on thursday. >>> the bottom line is we have the mothers and fathers of the victims from connecticut here on capitol hill and when they look a senator in the eye and say i need action, my child's life means...
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Jan 8, 2013
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republican, and the democratic party has worked really, really hard over past decades to erase the deficit, in which voters consistently said they trusted republicans more than democrats on national security. democrats have worked really hard to erase that gap, but picking chuck hagel seems to me to be sending a message i can't figure out president obama wants to send, i can't figure out why. and even a democratic president can't be sure that a democrat is going to do a good job leading our establishment. i don't get that particularly when there is so many terrific democrats with very similar kinds of deep foreign policy experience, principled leadership that chuck hagel offers. >> heather, you have been a bit more positive on the picks, what are your thoughts? >> well, like rosa, i would join her in being a michelle fan club, first, he will be the first enlisted man to lead the pentagon, and that will be a symbol of what is going to be a difficult time of transition, what is it we're doing with the military, if we're not staging invasions of country, that is clearly very important to this
republican, and the democratic party has worked really, really hard over past decades to erase the deficit, in which voters consistently said they trusted republicans more than democrats on national security. democrats have worked really hard to erase that gap, but picking chuck hagel seems to me to be sending a message i can't figure out president obama wants to send, i can't figure out why. and even a democratic president can't be sure that a democrat is going to do a good job leading our...
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i mean, we've been running trillion dollars deficits for four years. you would think people who are making the contracts for some of these grant programs at the defense department or homeland security or agricultural department or many of the other departments would use a little bit of common sense on what is appropriate and what's not. but we haven't found that. each year we've put out the waste book and we continue to find things that are just unbelievable, whether it's in the scientific arena or in the defense department or in just general government where we do things. i mean, it took last week before they finally said, we're not going to continue to add employees in the federal government. we had to send a letter to say, well, here is what you're advertising for, you know, an advisor in the department of agriculture making $168,000 a year, do you think we really need to continue to do that if we're actually hurting? are there ways to make the pain less? and the answer is yes. >> greta: awen i have had had these conversations and wrote a book about
i mean, we've been running trillion dollars deficits for four years. you would think people who are making the contracts for some of these grant programs at the defense department or homeland security or agricultural department or many of the other departments would use a little bit of common sense on what is appropriate and what's not. but we haven't found that. each year we've put out the waste book and we continue to find things that are just unbelievable, whether it's in the scientific...
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Feb 22, 2013
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yeah, we can talk about long-term deficit reduction. but let's not do it in a way that going to keep us from growing and therefore, as melissa suggested, ultimately make the problem we have worse. >> now, melissa, i raise the same question president obama, he was on my radio show yesterday, that e.j. addressed, personal, political. let me play for you what the president said he thinks is the reason they are not uniting and trying to protect the country. they are really trying to protect the rich. >> they're basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations. and they would prefer to see these kinds of cuts that could slow down a recovery over closing tax loop holes, and that's the thing that binds their party together at this point. >> now, they must have struck a nerve. because over at fox news, they went wow and they've been playing, interviewing, and let me show you the response. here is a tape from fox news on their response with what the president said on the radio show. >> the pres
yeah, we can talk about long-term deficit reduction. but let's not do it in a way that going to keep us from growing and therefore, as melissa suggested, ultimately make the problem we have worse. >> now, melissa, i raise the same question president obama, he was on my radio show yesterday, that e.j. addressed, personal, political. let me play for you what the president said he thinks is the reason they are not uniting and trying to protect the country. they are really trying to protect...
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you mexicoed the $1.8 trillion in deficit reduction. there is about $400 billion in cuts to medicare. but the big sticking point is getting a lot of play on the left. the president's inclusion of chain cpi. essentially, bring social security in line with cost of living investments. it something a lot of liberals and progressives have been very fearful of. the fact that he put this out there right now and is leading it out there, be using it as a negotiating tactic later on. especially with the debt limit type in the summer is some progressives very scared. that being said, it is being done from the white house to show that they are serious. the president spoke to jay carney. made a great point saying, look original a wednesday we'll unveil this budget that has this chain cpi and then on wednesday night, we're having dinner with 12 republican senators where we think there is some ability to compromise. so they're starting out from the middle. it will upset the folks on the progressive side. republicans so far have not been receptive. joh
you mexicoed the $1.8 trillion in deficit reduction. there is about $400 billion in cuts to medicare. but the big sticking point is getting a lot of play on the left. the president's inclusion of chain cpi. essentially, bring social security in line with cost of living investments. it something a lot of liberals and progressives have been very fearful of. the fact that he put this out there right now and is leading it out there, be using it as a negotiating tactic later on. especially with the...
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many of them didn't even know that the president had a deficit reduction plan. if the leadership is not going to be able to provide leadership and move the caucus along go to the rank-and-file. people have indicated that they're open to reforms. you know, lindsey graham, kelly ayotte, they know this has to be a balanced plan to reduce the deficit. it can't come all out of spending cuts. there's not enough spending cuts to be had to reduce the deficit. >> i'm impressed you just used the commonsense caucus is now what we are calling -- look, i applaud -- >> i only read what comes out. >> yeah, but this would be now bandied about because they shared a meal effectively, right, but we have yet to see whether this translates. >> you know, look, this is the way government is supposed to work. the president believes, you know, that we need to try, and it's pretty clear that john boehner cannot lead as caucus. we've tried several times, and every time he walks away, and the american people pay. now the president is pursuing a new strategy, and, you know, i think that you
many of them didn't even know that the president had a deficit reduction plan. if the leadership is not going to be able to provide leadership and move the caucus along go to the rank-and-file. people have indicated that they're open to reforms. you know, lindsey graham, kelly ayotte, they know this has to be a balanced plan to reduce the deficit. it can't come all out of spending cuts. there's not enough spending cuts to be had to reduce the deficit. >> i'm impressed you just used the...
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reduce the federal work force, reducing the deficit. sort of the issues you traditionally run against a democrat on. he sort of co opted them and leaves republicans with little else. >> this is something i've been thinking about as a broader trend, not actually just with this president. but democrats really since clinton have adopted conservative values and conservative policies. health care being the obvious example. >> individual mandate. >> came out of the heritage institute. sprang out of hillary care in response to that. so, you know, i think that is in some ways part of the problem. what are you going to offer as your market-based solution to things like climate change when cap and trade is the market-based solution and you've already demonized that. what about when the affordable care act already is that and you have demonized it. i don't think they have anywhere to go to actually solve these problems anymore. >> yeah. i think the operative phrase there being what are you going to offer. >> exactly. >> all right. krystal ball, ja
reduce the federal work force, reducing the deficit. sort of the issues you traditionally run against a democrat on. he sort of co opted them and leaves republicans with little else. >> this is something i've been thinking about as a broader trend, not actually just with this president. but democrats really since clinton have adopted conservative values and conservative policies. health care being the obvious example. >> individual mandate. >> came out of the heritage...
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but to be part of a deal that doesn't address debt and deficit, that's a problem. >> thank you both for being here with your perspective. we'll talk a little more about this later because imagine this, while lawmakers are insisting vets give up their retirement benefits to cover the $6 billion gap, senator coburn released his general waste book, a guide to wasteful federal spending which this year tops $30 billion. just one example in the senator's book, a $50 million department of transportation grant for a transit center in maryland that began construction in 1997 and still is not ready. so the feds have now dumped $120 million project that was only supposed to cost $20 million and still isn't ready after 16 years. and so now our wounded warriors are going to have to give up their money that was explicitly promised to them so the parking garage can finish being constructed. what on earth is happening? how on earth is this where they wind up? i get sacrifices have to be made, we all get that. how is this one of them? we'll talk about it a little later when we get into coburn's report o
but to be part of a deal that doesn't address debt and deficit, that's a problem. >> thank you both for being here with your perspective. we'll talk a little more about this later because imagine this, while lawmakers are insisting vets give up their retirement benefits to cover the $6 billion gap, senator coburn released his general waste book, a guide to wasteful federal spending which this year tops $30 billion. just one example in the senator's book, a $50 million department of...
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Jan 31, 2013
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we have trillion dollar deficit. we know if we cut $4 trillion in deficit reduction in 4 years we can get what the commission said within fiscal sanity. you could have done that by letting the tax cuts expire. no sequester, no talk about cutting social security and medicare. you would have achieved your $4 trillion all at once so all of the discussion that you have suggested about cutting medicare and cutting social security is in order to preserve the tax cuts. i mean, when's the last time you heard somebody talk about a jobs bill? >> i agree but it amounts to a couple hundred or thousand dollars. most people remember it. i want your thoughts about ken c cuccinelli. what are your thoughts on his ambitions for governor? >> well, i happen to -- i happen to know his record in the state senate and he's a -- and i don't agree with most of his views. some, you know, he's been working on restoration of rights for felons with the governor. >> not all bad. >> but basically i think his -- i'm not familiar with his book. so i
we have trillion dollar deficit. we know if we cut $4 trillion in deficit reduction in 4 years we can get what the commission said within fiscal sanity. you could have done that by letting the tax cuts expire. no sequester, no talk about cutting social security and medicare. you would have achieved your $4 trillion all at once so all of the discussion that you have suggested about cutting medicare and cutting social security is in order to preserve the tax cuts. i mean, when's the last time you...
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you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it was not jack lew alone who led us to that fiscal breakthrough as a country. but he was budget director, and with success comes bragging rights. and even know the obama administration kind of declared war on peacocks in this announcement yesterday, it is worth wondering if they might not actually be better off if they did strut on these issues a little bit more than they like to, because you would never know it from the way the deficit peacocks are crowing against this administration, but the deficit is now more than $200 billion smaller than it was when president obama first took office. we are currently witnessing the fastest deficit reduction in this country since the end of world war ii. the alleged big spending liberal barack obama has already signed into law approxima
you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it was not jack lew alone who led us to that fiscal breakthrough as a country. but he was budget director, and with success comes bragging rights. and even know the obama...
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the president told super bowl fans reducing the deficit will require more taxes. >> can we combine some smart spending cuts because there's still some waste in government, can we reform our health care programs in particular and can we close loopholes and productions that folks who are well connected and have a lot of accountants can take advantage of. there's no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit. >> president also warned congress about the danger of alowing the sequester to go into effect. >> washington cannot continually operate under a cloud of crisis. that freezes up consumers, gets businesses worried. we can't afford the self-inflicted wounds. >> no another tweet david plouffe said message delivered to big audience on balanced budget, deficit reduction, economy growth. on abc, an unlikely name was invoked for direction. >> i think what we need to do is do some things mitt romney taungd abo talked about. he said there are tax loopholes that should be closed. there are efforts being made to only get rid of the s
the president told super bowl fans reducing the deficit will require more taxes. >> can we combine some smart spending cuts because there's still some waste in government, can we reform our health care programs in particular and can we close loopholes and productions that folks who are well connected and have a lot of accountants can take advantage of. there's no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit. >> president...
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>> no, they believe this an issue of debt and deficit. that's something they go back to they view it and health care why they took the house in 2010. interestingly enough, though, i think democrats will move on this issue a lot in 2014. you hear a lot about income inequality. she's been on that street for a while. what's fascinating, you take reality, a lot of traditional republicans will say, yeah, this is money actually being spent. it goes gasoline, groceries, right back into the economy, right? so by not doing this, it actually increases the debt. a lot of the kids i went to school with, finance guys. no, we don't want to give our welfare, more benefits. you have the conversation, overall it hurts the economy. what in it adds to the debt in that point is lost on the more tea party wing of the party, traditionalists understand it but it's not an issue they want to have daylight between them. >> doesn't it also point to maybe the sort of lack of clout among business leaders in the republican party. i'll give you the last word, bob. walm
>> no, they believe this an issue of debt and deficit. that's something they go back to they view it and health care why they took the house in 2010. interestingly enough, though, i think democrats will move on this issue a lot in 2014. you hear a lot about income inequality. she's been on that street for a while. what's fascinating, you take reality, a lot of traditional republicans will say, yeah, this is money actually being spent. it goes gasoline, groceries, right back into the...
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. >> yes, yes, the deficit starts to go way up. the national debt starts to swampers around 2017, and it is down hill from there on out. you have to change things before it gets to that point. we can't wait five, six, seven years. win now, it is an older proposition. >> it is an older debate we had, dana, the tea party conservatives, versus the moderate republicans, how do they pull their differences together? >> i think they hit on something they could talk -- the delay -- to people individually. the national debt and the deficit and cbo, that is interesting to about .1% of the people. what really matters to people if they think their own personal health care is going to be affected, they can't choose their doctor, their coverage changes, all of this is happening because of obama care. and i think that republicans could get together on this and fight. >> all right, how hard do they fight on the debt ceiling and the continuing resolution, stewart? >> they fight hard but do not shut the government down. don't do it. i just think it
. >> yes, yes, the deficit starts to go way up. the national debt starts to swampers around 2017, and it is down hill from there on out. you have to change things before it gets to that point. we can't wait five, six, seven years. win now, it is an older proposition. >> it is an older debate we had, dana, the tea party conservatives, versus the moderate republicans, how do they pull their differences together? >> i think they hit on something they could talk -- the delay -- to...
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that obama no interest in cutting the deficit. has no interest in cutting spending. he simply is not interested in that. he has, to his credit, a vision of america, it's not mine. it's not yours. but he has a vision. he outlined it openly in his state of the union address. of an entitlement state, more along the lines of europe. he thinks it's a more just society. what he has been interested in is this. in order to enact the vision. in order to enact things like obama care, he needs control of the congress. so what is unique about him is normally a second term president is not interested in the polls. not interested in politics. he wants to enact his agenda but obama knows that as long as the republicans control the house, he can't proceed. >> bill: all right. >> he saw that in the first term. >> bill: the welfare of the economy be damned, i'm going to get this ideological jihad done by making the people be angry at the republicans because they can't possibly compromise on this. >> right. that is the strategy. >> bill: all right. >> now, in his defense, he would say,
that obama no interest in cutting the deficit. has no interest in cutting spending. he simply is not interested in that. he has, to his credit, a vision of america, it's not mine. it's not yours. but he has a vision. he outlined it openly in his state of the union address. of an entitlement state, more along the lines of europe. he thinks it's a more just society. what he has been interested in is this. in order to enact the vision. in order to enact things like obama care, he needs control of...
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you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way instead of bankruptcy. >> when you look at the number of bills passed by the house and the paltry number of bills passed by the senate you can see where the problem is. >> yes, we can. and we'll talk about it next. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confid
you have to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way instead of bankruptcy. >> when you look at the number of...
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they focussed on creating jobs and some say reducing the deficit should be the top priority. the republican pollster and the "washington post" anderson. we will go to the pollster first. make you have to defend our p l polling. this issue, bobby jindal has been critical of this. republicans in washington sound like book keepers. seems as if the white house polls a lot better than house republicans. >> i don't know that it's house republicans. take a look at how they did in the 2010 elections. where are the jobs? they got this this was the dynamic. >> that was in 2010. you bring up the point. >> they are still focused on that. they have a caucus that is focussed on 16 trillion. there a lot of priorities. they think it's a challenge to get everyone to focus on the number one issue. >> where are they today is a good question. where are they today applies to the republican party with respect to a wight range of issues. even talking about the accountants and the american people talk about the anxiety. they are not hearing what the american people are saying. that's one of the reas
they focussed on creating jobs and some say reducing the deficit should be the top priority. the republican pollster and the "washington post" anderson. we will go to the pollster first. make you have to defend our p l polling. this issue, bobby jindal has been critical of this. republicans in washington sound like book keepers. seems as if the white house polls a lot better than house republicans. >> i don't know that it's house republicans. take a look at how they did in the...